Econ Calendar

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Monday’s holiday keeps volume light, which tends to inhibit trending. But while the lower liquidity inhibits sponsorship from trending, that missing sponsorship isn’t available to step in front of weak-handed trending attempts that must die out of their own accord.

US Holiday: Columbus Day
Markets Open, Banks Closed

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Friday’s PPI is released by the BLS, so unless the GOP agrees to a clean CR, those SOBs won’t release so much as a P, let alone the whole PPI. The same can be said for Business Inventories, but not so succinctly, as it comes from Census. Meanwhile, Retail Sales and Consumer Sentiment data are scheduled for normal release, just another example of the private sector doing what government cannot.

Producer Price Index (?)
8:30 AM ET

Retail Sales
8:30 AM ET

Consumer Sentiment
9:55 AM ET

Business Inventories (?)
10:00 AM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Thursday’s weekly Jobless Claims will be delayed in case the government shutdown hasn’t yet been resolved. Even if it were, the data collection process probably wouldn’t be complete. Given this week’s Treasury auctions, the 30-year placement will likely inhibit price action before its results are announced. UPDATE: JOBLESS CLAIMS ARE PLANNED FOR NORMAL RELEASE.

BOE policy statement (?)

Jobless Claims
8:30 AM ET

Import and Export Prices
8:30 AM ET

James Bullard Speaks — centrist
9:45 AM ET

Bloomberg Consumer Comfort Index
9:45 AM ET

EIA Natural Gas Report
10:30 AM ET

30-Yr Bond Auction
1:00 PM ET

Treasury Budget
2:00 PM ET

John Williams Speaks — dovish
2:30 PM ET

Fed Balance Sheet
4:30 PM ET

Money Supply
4:30 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Wednesday’s highlight was going to be the FOMC Minutes from the meeting that had triggered the recent spike up to new highs. It will still be an attraction. But so will the 10-year Note auction, after Tuesday’s sloppy T-bill placement’s record tail.

MBA Purchase Applications
7:00 AM ET

Wholesale Trade
10:00 AM ET

EIA Petroleum Status Report
11:00 AM ET

10-Yr Note Auction
1:00 PM ET

FOMC Minutes
2:00 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Tuesday’s reports aren’t affected by the government shutdown. But none of the remaining reports have much influence over price action. At least, not without being very surprising.

NFIB Small Business Optimism Index
7:30 AM ET

ICSC-Goldman Store Sales
7:45 AM ET

International Trade
8:30 AM ET

Redbook
8:55 AM ET

JOLTS
10:00 AM ET

4-Week Bill Auction
11:30 AM ET

Sandra Pianalto Speaks — dovish
12:25 PM ET

Charles Plosser Speaks — hawk
12:30 PM ET

3-Yr Note Auction
1:00 PM ET